Political Quotes

On the recordJune 7, 2018
Mr. Speaker, I yield 5 minutes to the gentleman from Massachusetts (Mr. McGovern), the distinguished ranking member of the Committee on Rules. Mr. McGOVERN. Mr. Speaker, I thank the gentlewoman for yielding. Mr. Speaker, does this Republican majority have amnesia? Did they forget how we got here? Congressional Republicans blew a nearly $2 trillion hole in the deficit by giving tax cuts to the wealthy and large corporations. That is trillion with a T. Now they are acting like they are great deficit hawks for bringing forward a bill that rescinds $15 billion in Federal spending. That is billion with a B. It is a tiny fraction of the trillions of dollars they spent on tax cuts. You don't have to be some great scholar to see this disparity. It is right here on this chart. This really big red bar, Mr. Speaker, that plunges down to nearly $2 trillion represents the impact of the Republican tax bill on the deficit. It is actually $1.9 trillion. It is not good. That really, really, really tiny small bar on the right represents the so-called ``savings'' that this bill will provide. For those in the gallery, you are going to need binoculars to see that line. To my Republican colleagues, I am happy to lend you my bifocals so you can see how inconsequential this rescission package is in terms of dealing with our deficit.…
Said by
Norma Torres
Democratic · California

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